Updated Dec 21, 2023
Fisher Real Estate Acquires Single Family Home In Nantucket, MA For $8.25M
1 Pochick Avenue, Nantucket, MA, USA
$8,250,000
$943/SF
Building Size
8,748 SF
Asset Type
Single Family Residence
Closing
Dec 2, 2020
About this deal
AI
A single-family property located at 1 Pochick Avenue in Nantucket, MA has been sold for $8,250,000. The property spans 8,748 square feet and is situated on 5.67 acres of land. The price per square foot is estimated to be $943, with a price per acre of approximately $1,455,026.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $8,250,000
- Market: Nantucket, MA
Gloria Grimshaw, representing Jordan Real Estate, served as the seller's representative in the deal. On the buyer's side, J. Brent Tartamella from Fisher Real Estate acted as the buyer's representative.
Players
Nantucket Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $943 per square foot on a published $8.3M for 8,748 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.92%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93